1. California
2. San Leandro
3. 16118 Mateo St

16118 Mateo St, San Leandro, CA 94578

Property Description

16118 Mateo Street is a 6-unit multi-family property located in the desirable city of San Leandro. This building presents a fantastic investment opportunity, offering spacious and private units, each separated by a garage—ensuring no shared walls and enhanced tenant privacy. Features include in-unit washers and dryers, individual direct-access garages, and vinyl windows. Three units have been recently remodeled. Tenants pay for ALL utilities, including electricity, gas, water, AND garbage, minimizing operational expenses. This is a rare opportunity to acquire a well-located turnkey asset with excellent day-1 cash flow. 16118 Mateo Street offers easy access to I-580 and I-880, providing seamless commutes throughout the Bay Area. The property is just 0.6 miles from the Bayfair BART station, ensuring quick connections to Oakland and San Francisco. Tenants enjoy convenient shopping and dining with Bayfair Center, San Leandro Plaza, and downtown San Leandro all nearby. This well-connected location enhances rental demand and long-term investment potential.

Listing Status:

Active

Date Added:

July 15, 2025 at 05:00AM

Listing Office:

NAI Northern California : 510-336-4712

Listing Agent:

Timothy Warren : 510-336-4719

MLS ID:

41104875

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

Construction

Location

Lot

Financial

This listing courtesy of Timothy Warren, NAI Northern California